Kia Picanto Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Kia Picanto cars have remained constant in the last 6 months. The average price in February was of R 208 816. This price hardly went through any changes and remained at R 206 299 during March. The average selling price has remained fairly constant during the following two months, going from R 207 557,5 to R 204 501,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 206 029,5 to R 202 902,5 during June and July.
The average price for Kia Picanto has had a strong rise in recent years. Between 2004 and 2016, the average price is R 72 528,08. There was a significant inflation of the average price in 2004 (R 45 179) moving up till (R 120 628)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 98 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (R 165 027,75) and the the last two years that were studied (2019, 2020) with a price of R 186 265.
The graph that displays the price for Kia Picanto cars according to their mileage shows that those cars within a mileage range of "more than 200 000" are the ones with the lowest price. They are 75 % more affordable than the average price (R 204 580). Next with a price of R 102 089 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10 000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10 000 - 25 000" priced at R 168 300.
The graph displaying the average price for vehicles with doors shows that Kia Picanto automobiles with the cheapest price have 4 doors. They are 46 % cheaper than the average price for this model priced at R 110 503. Cars with the lowest price have 5 doors and are 18 % cheaper than the average previously displayed.